Option Strategies for Directionless Markets
Author | : Anthony J. Saliba |
Publisher | : John Wiley & Sons |
Total Pages | : 210 |
Release | : 2008-03-27 |
ISBN-10 | : 9781576602492 |
ISBN-13 | : 1576602494 |
Rating | : 4/5 (92 Downloads) |
Book excerpt: Making great trades in a directionless market can be a challenge, and directionless markets occur more frequently than bull and bear markets combined. Options pioneer Anthony J. Saliba provides the tools and tactics needed to take advantage of a sideways market. Saliba focuses on strategies in the butterfly family of options: butterflies, condors, and iron butterflies, showing how to the use these sophisticated tools in directionless markets. This hands-on guide illustrates numerous market scenarios to show you step-by-step how and when to apply these butterfly strategies. You’ll find out how to identify, enter, manage, and exit a trade. Exercises and quizzes test your comprehension to make sure you have the knowledge to tackle directionless markets.